TPG Acquires Majority Stake in Untitled Entertainment from Boat Rocker

MT Newswires Live06-28

TPG (TPG), an alternative asset manager, has acquired a majority stake in Untitled Entertainment from Boat Rocker Media for 51.6 million Canadian dollars ($37.7 million) in cash and 8.8% equity in TPG's new talent management company, Boat Rocker Media said Friday.

The new company plans "to acquire, invest in, and build a diversified global business centered on talent management, representation, and adjacent verticals," Boat Rocker said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment